What is licify.ai?
Founded in 2017, Licify.ai operates as a specialized digital marketplace and procurement engine designed to bridge the gap between real estate developers and their supply chains. The platform facilitates quotation, purchasing, and vendor qualification, effectively digitizing the fragmented procurement lifecycle that has historically plagued the construction sector. By providing a centralized hub for transaction management, Licify.ai enhances transparency, reduces operational overhead, and improves project delivery timelines for large-scale developers and property operators. Its market position is defined by its ability to integrate seamlessly into existing construction workflows, offering a robust solution for the digital transformation of the built environment.
How much funding has licify.ai raised?
licify.ai has raised a total of $3.4M across 1 funding round:
Angel/Seed
$3.4M
Angel/Seed (2023): $3.4M with participation from G2 Momentum Capital, Brick & Mortar Commercial, and Dash Fund
Key Investors in licify.ai
G2 Momentum Capital
G2 Momentum Capital is an investment firm focused on early-stage technology startups led by top entrepreneurial teams in Spanish-speaking Latin America. They provide both capital and hands-on support to help disruptive ventures scale rapidly.
Brick & Mortar Commercial
Brick and Mortar Ventures is a specialized firm dedicated to investing in software and hardware solutions that disrupt the architecture, engineering, and construction industries.
Dash Fund
Dash Fund is a venture firm focused on supporting the next generation of innovative FinTech founders, providing investment and mentorship to category-defining startups.
What's next for licify.ai?
With this major strategic investment, Licify.ai is poised to deepen its technological moat by enhancing its algorithmic procurement capabilities and expanding its vendor network. The company's roadmap likely includes scaling its operations to capture a larger share of the Latin American market, where the demand for digitized construction management tools is reaching an inflection point. Strategic priorities will focus on increasing platform adoption among tier-one developers and potentially integrating advanced financial services to further streamline the payment and credit cycles between buyers and suppliers. As the firm matures, its ability to leverage transaction data will be key to maintaining its competitive advantage in the evolving prop-tech and construction-tech ecosystem.
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